Surprise decline in UK manufacturing sentiment confirms gradual moderation to continue through 2016
Mar 01, 2016 14:35 pm UTC| Commentary Economy
Data released on Tuesday showed that UK February headline manufacturing PMI surprised to the downside printing at 50.8, declining by 2.1pts, more than consensus expectations. PMI is now 0.9pts below its 7-year average and...
Mar 01, 2016 14:20 pm UTC| Commentary
Equities are all mixed in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...
Fed hike aftermath series: hike odds improve as equities rally and economy improves
Mar 01, 2016 13:59 pm UTC| Commentary Central Banks
At the end of last year, market was predicting FED will hike rates twice this year and the first to come as early as March. However, global financial market turmoil has been pushing hikes into the future, to the point that...
Mar 01, 2016 13:39 pm UTC| Commentary
Energy pack is green in todays trading. Weekly performance at a glance in chart table. Oil (WTI) - WTI bulls broken above $34 key resistance area and now consolidating below psychological $35 level. Further rise is...
Commodities snapshot (precious & industrial)
Mar 01, 2016 13:12 pm UTC| Commentary
Metal pack is green today. Performance this week at a glance in chart table - Gold - Gold is back in demand after quite a long time due to uncertainty over the horizon. Todays range $1249-1236 Gold is currently...
Currency snapshot (commodity pairs)
Mar 01, 2016 12:59 pm UTC| Commentary
Dollar index trading at 98.25 (+0.07%) Strength meter (today so far) - Aussie +0.32%, Kiwi +0.02%, Loonie +0.23% Strength meter (since last week) - Aussie +0.55%, Kiwi -0.08%, Loonie +0.02% AUD/USD - Trading at...
South Korea’s industrial production likely dropped in January on weak exports
Mar 01, 2016 12:45 pm UTC| Commentary
South Koreas industrial production in January is expected to have dropped after a recovery recorded in December. Several market participants have already forecast that the industrial output will witness considerable...
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